The General Services Administration (GSA) has announced updates to the mileage reimbursement rates for privately owned vehicles, including cars, airplanes, and motorcycles, applicable throughout 2025. The reimbursement rates are set based on the Internal Revenue Service's standard mileage rate for medical or moving purposes and are intended to cover costs such as fuel, maintenance, and insurance. GSA conducts annual reviews to ensure these rates are fair and accurate. Further details are available in FTR Bulletin 25-04 on the GSA's website.
Simple Explanation
The government is telling people how much money they will give them back when they drive their own cars, planes, or motorcycles for work in 2025. They want to make sure these amounts are fair, so they check them every year.